US Foods (NYSE:USFD) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of US Foods (NYSE:USFD) from a hold rating to a buy rating in a research note published on Saturday.

USFD has been the topic of several other reports. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a research note on Wednesday, July 29th. TD Cowen boosted their target price on US Foods from $116.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. BMO Capital Markets restated an “outperform” rating and set a $120.00 target price on shares of US Foods in a report on Friday, August 7th. Citigroup upped their target price on US Foods from $110.00 to $124.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, UBS Group boosted their price objective on shares of US Foods from $117.00 to $127.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $113.92.

US Foods Price Performance

Shares of US Foods stock opened at $108.72 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. US Foods has a one year low of $69.88 and a one year high of $111.42. The business’s 50 day simple moving average is $99.16 and its two-hundred day simple moving average is $92.86. The stock has a market capitalization of $23.52 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 1.40 and a beta of 0.81.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The firm had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. During the same quarter in the prior year, the firm posted $1.19 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts forecast that US Foods will post 4.35 EPS for the current year.

Insider Activity

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $108.29, for a total value of $2,355,740.66. Following the sale, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider directly owned 73,618 shares in the company, valued at approximately $8,125,218.66. This represents a 13.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.74% of the stock is owned by company insiders.

Institutional Investors Weigh In On US Foods

Several hedge funds have recently added to or reduced their stakes in the stock. Keating Financial Advisory Services Inc. purchased a new stake in US Foods during the 2nd quarter valued at about $27,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of US Foods during the second quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of US Foods during the third quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of US Foods during the second quarter valued at approximately $39,000. Finally, Geneos Wealth Management Inc. increased its position in shares of US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.